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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Gus who wrote (13281)	10/4/2001 9:03:57 AM
From: Proud_Infidel	Respond to of 17183

EMC Receives IT-Supplier Award From DaimlerChrysler EMC's Global Services and Management Software Recognized for Reducing Infrastructure Costs HOPKINTON, Mass.--(BUSINESS WIRE)--Oct. 4, 2001--DaimlerChrysler has awarded EMC Corporation for its superior services organization and industry-driving product innovations. The world's third-largest auto manufacturer utilizes EMC information storage systems and software to provide information storage and management across its entire worldwide operations. The award was presented at DaimlerChrysler's first-ever IT Supplier Day, a gathering of over 40 key IT vendors organized by the company's Information Technology Management (ITM) and Purchasing departments. EMC was one of only two IT vendors awarded at the event. Sue Unger, DaimlerChrysler Senior Vice President of ITM & CIO, said, ``DaimlerChrysler relies on long-term, stable partnerships, that yield a high return on investment. EMC's world-class Global Services organization, as well as their advanced management software, have helped to reduce DaimlerChrysler's infrastructure costs and our IT staff's time spent managing our storage network. Our relationship with EMC has proven that cooperation leads to the creation of exceptional value.'' EMC Senior Vice President of Global Services, Joseph Walton, stated, ``EMC and DaimlerChrysler have a longstanding collaborative relationship. During the Daimler-Benz/Chrysler Corporation merger three years ago, our Global Services organization worked closely with both companies' IT organizations to build a consolidated information storage infrastructure. More recently, we have worked with DaimlerChrysler's ITM department to significantly reduce the implementation time for new business applications. EMC and DaimlerChrysler have formed a trusted relationship built on years of imaginative cooperation.'' DaimlerChrysler's information storage infrastructure comprises the full suite of EMC networked information storage systems and software. DaimlerChrysler's information storage network includes both storage area network (SAN) and networked attached storage (NAS) environments, as well as direct attached environments. DaimlerChrysler utilizes EMC's Symmetrix Enterprise storage systems for its mission critical applications such as SAP, Celerra for networked-attached CAD/CAM file sharing and e-business initiatives, and CLARiiON systems for distributed support. Software includes, EMC ControlCenter, ESN Manager, EMC TimeFinder, Symmetrix Remote Data Facility (SRDF), EMC PowerPath, Navisphere, MirrorView, and SnapView. DaimlerChrysler's EMC information storage infrastructure connects to all major computing platforms including Sun Solaris, Windows NT/2000, HP UX and AIX, and IBM AS/400 and OS/390. About EMC EMC Corporation (NYSE: EMC - news) is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. Information about EMC's products and services can be found at www.EMC.com. EMC and Symmetrix are registered trademarks and CLARiiON, ControlCenter, Celerra, SRDF, PowerPath, ESN Manager, TimeFinder, Navisphere, MirrorView, and SnapView are trademarks of EMC Corporation. All other trademarks are the property of their respective holders.

To: Gus who wrote (13281)	10/4/2001 10:25:01 PM
From: Jack Wright	Read Replies (1) \| Respond to of 17183

Gus I wonder why the EMC stock price is so low if they are doing everything so right ?? Their margins are sinking, it will go down further, there is no way they can go back and increase the price when the economy gets better. They are trying to squeeze everything they have from Symmetrix - old technology. Customers now know that they have been screwed by EMC for several years. Fool me once, shame on me, fool me twice, shame on you.. Excess Margin Corporation E Manage Complexity